Memo Therapeutics raises €18.0M Series C round

7 May 2024· Zurich, Switzerland· biotech, drug_discovery, antibody_therapeutics, b2b, deep_science

The CHF 20 million funding, part of an extension of its Series C financing, will be used to bolster the clinical advancement of Memo Therapeutics AG's lead asset, AntiBKV, expanding the Phase II trial with a dose evaluation extension to be the largest BK viremia therapeutic study ever conducted in kidney transplant recipients. The funding will further support the development of MTx's pipeline by leveraging its B-cell screening platform to select best-in-class humanized antibodies in other viral infections and oncology.

Investors

LeadYsios Capital
Also participating
Schroders CapitalredalpinePureos BioventuresSwisscantoVerve VenturesKurma PartnersVesalius BiocapitalAdjuvant CapitalGF GroupFresenius Medical Care Ventures

About Memo Therapeutics

Stage
Series C
Headquarters
Zurich, Switzerland
Founded
2012
Team Size
21–50
Sectors
biotechdrug_discoveryantibody_therapeuticsb2bdeep_science

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